Description
Beautiful 51.80 acres, 5 rental homes, tobacco barn and 28 stall horse barn. This land is perfect for a development. The land lays perfectly for this. Great location between London and Corbin Ky. Located just off Hwy25 and hwy 1189. All rentals are presently month to month so rent can be increased at new owners discretion. This is an estate sale and Real Estate Broker is a Co-owner. This property has a cap rate of almost 4% if purchased at the listing price. Could be much more if rent is increased.
-
0BEDS
-
51.81ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Beautiful 51.80 acres, 5 rental homes, tobacco barn and 28 stall horse barn. This land is perfect for a development. The land lays perfectly for this. Great location between London and Corbin Ky. Located just off Hwy25 and hwy 1189. All rentals are presently month to month so rent can be increased at new owners discretion. This is an estate sale and Real Estate Broker is a Co-owner. This property has a cap rate of almost 4% if purchased at the listing price. Could be much more if rent is increased.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than REAL Broker are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.